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Microsoft Shares Climb Nearly 5 Percent

Time: 18:13 EST/23:13 GMT | News Source: Reuters | Posted By: Todd Richardson

Microsoft Corp. shares climbed nearly 5 percent on Friday after the world's largest software maker reported record revenue in the first quarter that was up 26 percent from the previous year and analysts raised their full-year earnings estimates. Microsoft shares closed at $53.15, up 4.7 percent from Thursday's close on the Nasdaq stock market, matching the high reached in after-hours trade following the results release late Thursday.

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